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Jan 14, 2013
01/13
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans and congress have two choices here, they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the time lime republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans...
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Jan 16, 2013
01/13
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but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called
but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is...
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Jan 19, 2013
01/13
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fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john berman. great to see you here today. we are live in washington, d.c., covering a huge event for this city and a huge event for the entire country. president barack obama's second inauguration. >> you can just see the beautiful picture behind us. so much going on around the nation's capital this weekend. cnn you can be sure is covering it all. parades, concerts, and religious services all of it leading up to the big main event, president obama's inauguration ceremony coming up on monday highlights of that event, the swearing in, of course, and the inaugural speech. white house correspondent brianna keilar jo
fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john...
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Jan 15, 2013
01/13
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they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is about this country being the greatest nation on earth. it's our greatest threat to our national security. >> some people would say it is about party politics and some people, frankly, blame the tea party for this terrible gridlock in the house of representatives. there's a tea party group in south florida that's going to change its name to not include the tea party because the public reacts so negatively to that title now. >> i think that's because we have been, i mean just given a bad rap. all we're about is fiscal responsibility. we're not about social issues. all we want is washington to live within
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is...
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Jan 17, 2013
01/13
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i think during the first term, because of the incredible demands involved in preventing the economy from going into a great depression got a lot of leeway in terms of not spending personal time with member, leaders, both elected and non-elected, not opening up the white house. yop think he'll be able to do that and maintain his coalition over the next four years and i think that's going to require a lot of growth on his part. >> do you think it was legitimate, the criticism, even the suggestions he got, look, you've got to reach out more, even to people you don't like or agree with? >> some of it was legitimate, but what i don't think that people gave a fair amount of discussion to was the out-sized amount of venom direct the at this president. and i don't think that people had a real sense of just how bad things were in america. and i think that the president intentionally did not want to convey how terrible things were. because fundamentally, he's an optimist and the a pragmatist. so he really wouldn't walk around and describe to you, except in very rare times, how terrible things were
i think during the first term, because of the incredible demands involved in preventing the economy from going into a great depression got a lot of leeway in terms of not spending personal time with member, leaders, both elected and non-elected, not opening up the white house. yop think he'll be able to do that and maintain his coalition over the next four years and i think that's going to require a lot of growth on his part. >> do you think it was legitimate, the criticism, even the...
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Jan 16, 2013
01/13
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economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military spending would be reduced, saving $487 billion. the fiscal cliff bill that congress passed on new year's day would also reduce projected deficits somewhat. higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds ou
economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military...